Austal bags ferry and naval vessel deal [Shipbuilding]
On October 8, Austal Limited announced a milestone contract, valued at €126 million (A$190 million), to design and build two 117 metre high-speed vehicle passenger trimaran ferries for long term customer Fred Olsen S.A. of the Canary Islands, S...
2017-10-11 06:57:17
BMEA send trade mission to Indonesia [Equipment]
The Busan Marine Equipment Association (BMEA) recently announced that it sent a trade mission, with a financial support from Ministry of Trade, Industry and Energy of Korea and Busan Metropolitan City, to Indonesia. The trade mission will work fr...
2017-10-11 06:56:27
Veniamis aiming new kamsarmax bulkers [Shipbuilding]
Rumors are rising about Theodore Veniamis, a Greek owner, ordering new kamsarmax bulkers. According to TradeWinds and industry, Golden Union under Veniamis is planning to order up to eight kamsarmax bulkers. Some sources said that the owner...
2017-10-11 06:54:51
Oshima wins additional Laker BC sextet [Shipbuilding]
Fednav, the largest international operator in the Great Lakes/Saint Lawrence Seaway System, is said to have ordered 34,500 dwt lakes-fitted Handysize bulkers (lakers) from Oshima Shipbuilding of Japan, following the previous order placed last 201...
2017-10-11 06:54:17
Korean 'Big3' expected to see 'recession surp... [General]
Korean 'Big3' shipbuilders are all expected to make operating profit for the third quarter of this year based on their efforts for strong restructuring and cost cuts. Compared with other years, however, it seems that they will see a notable downt...
2017-10-11 06:53:30
Korean ship·steel exports in positive trend [General]
Korean exports amounted to $55.13bn in September of 2017, up by 35.0% from the same month last year. Also, imports rose by 21.7% year-on-year to $41.38bn, with the trade surplus recording a surplus of $13.75bn for the 68th consecutive month. M...
2017-10-11 06:52:40
Indonesia woos Taiwanese shipbuilding industry [General]
Indonesian government called on Taiwanese shipbuilding industry for cooperation to cultivate domestic maritime industry. In an interview, Edy Putra Irawady, a deputy minister of Coordinating Ministry for Economic Affairs of Indonesia, said t...
2017-10-11 06:48:21
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